Supply Disruptions Drive Bullish Sentiment In Oil Markets ...Middle East

Bullish sentiment is once again building in oil markets as supply disruptions mount and global oil demand growth continues unabated. Friday, July 1st, 2022 As uncertainty builds around the supply capacity of OPEC+ and oil demand rages on despite expectations of demand destruction, bullish sentiment is building in oil markets. Now, to add to that bullish sentiment, another form of supply disruption is springing up around the world: strikes. Operations at France’s Fos Refinery were halted by strikes and Norway’s offshore production…

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